While there is a whole host of sports activities you can engage in, from traditional football to motorsport and even basketball, there is one form of play that has become so popular it is now considered its own category; namely, betting on the outcomes of sporting events, especially for those teams and athletes with an in-house bookmaker. Since the opening of the UK market to electronic gambling via the Gambling Commission allowing sportsbooks and online casinos to flourish, there has been no looking back as the industry has grown by an average of 15% each year.
Why Are People So Into Sports Betting?
It is well-established that there is something about watching sporting events that makes us feel compelled to engage with bookmakers and give them our money on bets. The fact is, we have all the sports to follow now, and the need to keep up with the scores, results, and stats of our favorite teams, as well as the desire to find value in an uncertain world, makes online bookmakers and betting exchanges such as Pinnacle Sports and Bet365 so popular. Besides, many sports fans can’t make it to the bookmaker’s office or live betting session for the games they want to watch, so the opportunity to place bets from the comfort of their couches, armchairs, and even their children’s bedrooms has made mobile betting applications so attractive.
What’s more, the invention of cryptocurrency enables people to transfer money and make sports bets anonymously and with ease. This has made the industry more appealing to younger generations who may be worried about the consequences of their gambling activities. It also means there is no reason why anyone, whether they are a professional sports bettor or just a hobbyist, should be excluded from participating in the exciting world of sports betting.
How to Bet The Correct Way
Betting has become so popular that not only do we have entire categories devoted to it on social media, but there are also books like Betting Basics For Dummies that are aimed at helping newbies get started. As a sports fan, you may be familiar with the terms and jargon that are used in relation to sports betting. Like every other industry, sports betting is full of slang and sometimes it can be difficult to know how to place a bet or an odds bet, for example.
If you’re new to sports betting or just want to know how to get the most out of your betting experience, then here are some top tips from experts:
Look Into Pre-Game Reruns
Watching sport is a favourite pastime for many people, and for those who enjoy betting on their favorite games, reruns are the perfect way to catch games that were previously shown. If you’ve never tried it, you should give it a go – especially during major sporting events when many games are shown back-to-back. Watching a game and then betting on the outcome is certainly easier when the action is fresh in your mind. However, if you’re thinking of trying out reruns, then make sure that the games are legal for betting in your country.
Use An Online Betting Exchange
Betting exchanges are websites that connect willing sports bettors with bookmakers. The exchanges allow users to place bets on the outcomes of sporting events with ease, and they also provide a safe and secure environment for doing so. The convenience of using an online exchange is that users can place their bets at any time, from the comfort of their couches, armchairs, and even their children’s bedrooms. They can also do so at any point during the game. This is in contrast to trying to place a bet on your favorite team after the game has ended and finding a bookmaker that is accepting wagers on that particular sport.
Avoid Free Betting Offers
It’s no secret that bookmakers are always looking for new ways to get you to sign up for their services and provide you with free betting offers. These are usually heavily focused on soccer, but you can also get the same offer for other sports. The catch with these offers is that you have to place a certain amount of bets before the promo code is valid. If you want to make the most out of your free bets, then make sure to place bets that you can win. When using these offers, it’s crucial to remember that you’re not required to register with the provider in order to use the promo code.
Use Betting Apps
There are hundreds of different betting apps available for download from the app store. These allow users to place bets on their phones, from any country and in any amount, as often as they want. The best part is that they work with most online bookmakers and crypto-currencies. For example, the Sportingbet app enables users to bet on all the top sporting events such as the NFL, NBA, and Major League Baseball. The Betting Ring app is another popular choice among sports fans and allows users to place bets on their favorite teams during football matches as well as horse racing events. The convenience of betting on the go with these apps is that you don’t have to worry about finding a bookie that is accepting wagers on your favored team or sport.
The Future Of Sports Betting
It’s clear that the future of sports betting is very bright as more and more people all over the world are discovering the delights of placing wagers on sporting events. In the UK alone, nearly 18.2 million people are currently taking part in the fun, and with the world’s most popular sports leagues and tournaments, such as the NFL, the UEFA Champions League, and the English Premier League, attracting huge audiences, there is no sign of this popularity waning anytime soon.